liambillo35

GBPJPY 4 Nov - London Session - Sell

Short
OANDA:GBPJPY   British Pound / Japanese Yen
Waited for price to retrace back into the last hour of asian session range and waited for price to close back outside. Took a sell position and targeting a 1:5. I tend to go with a slighly bigger RR (Risk Reward Ratio) because the trend is in continuation to the downside

When I am fading the breakout depending on price action. I go for a 1:1 RR
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